Gems ICO: What? Why? Who? When? How? Where?

in #blockchain6 years ago

Only 2 days left to register for the whitelisting!
I’ll give you a quick update on what Gems is and how you can participate.

Gems.png

What is Gems?

“Gems is a protocol for contracting workers to perform micro tasks. Workers stake tokens in order to prove validity of their tasks and earn a reusable computed trust score, enhancing the cost-efficiency of the network while democratizing access to scalable micro task workers."

Source: Whitepaper

Introduction video:


Why is Gems necessary?

“Micro tasks are used in a wide range of large scale distributions, whether by machine learning researchers to gather structured labeled data for training purposes, or by large companies, such as Facebook, Google, Twitter, Ebay, and Linkedin, to refine their production ready solutions and provide further model training. Billions of micro tasks are completed each year. The Chinese government alone uses 2 million micro task workers to aid in censoring the internet.”

In summary, the Gems Network addresses the following:

  1. Removing the middleman taking a large fee
  2. Verifying accuracy of results from crowdsourced tasks
  3. Supplying and building reusable interfaces
  4. Removing the need for existing banking infrastructure
  5. Properly incentivizing and disincentivizing miners and requesters

Source: Whitepaper

Comparison.png


Who is working on Gems?

Team 1.jpg
Team 2.jpg
Team 3.jpg


When can I participate in the ICO?

The pre-sale metrics will be announced over the next few weeks, and the Gems Community form must be filled out by January 8th. Please stay active in the Gems Telegram for further updates.


How can I register for whitelisting?

1 Join the Gems Telegram. Demonstrate that you will use the Gems Protocol and contribute to its ecosystem.

2 Help them grow: Share the Gems mission with others who can use the Gems Protocol. The possibilities are endless —but here are a few:

a) invite people to the Gems Telegram
b) write a blog post
c) make a youtube video
d) drive constructive discussions in the Telegram and beyond
e) your own innovative idea

3 Let them know how you helped in this quick form.
https://gemscommunity.typeform.com/to/BshuJE

Source: Blog


Where can I find more information?

Twitter
Website
Telegram
WhitePaper
Blog


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thanks very good your explanation

Thought I'd give a quick headsup and introduction. Thanks for reading

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://blog.gems.org/gems-introducing-the-gems-community-program-750264520cc6

Interesting
I will follow you to see your future posts! +upvote

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